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Bayzat

HR, payroll, and employee benefits platform for businesses in the GCC region

Customer Engagement Growth Series C+
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Overview

Bayzat is an employee benefits and HR management platform serving employers across the Gulf Cooperation Council region. The company offers a cloud-based SaaS solution that combines group health insurance management with HR and payroll administration, targeting businesses that need a single system to manage their workforce.

The platform delivers HR, payroll, talent management, finance, and insurance benefits through a unified interface. Health insurance procurement and management is a core differentiator, positioning Bayzat in the insurtech space alongside broader HR software competitors. The platform supports Wage Protection System compliance for Saudi Arabia and other GCC markets and provides native iOS and Android apps for employee self-service. It holds ISO 27001:2022 and SOC 2 Type 2 certifications.

Founded in 2011 and headquartered in Dubai, Bayzat serves over 4,000 companies managing approximately 250,000 employees. The company has raised USD 60M across seven funding rounds, including a USD 25M Series C in December 2022 led by DisruptAD and ADQ, with capital being deployed toward expansion into Saudi Arabia.

Products & Services

HR Management

Core HR administration covering employee records, leave management, attendance tracking, shift scheduling, onboarding and offboarding workflows, and employee self-service portals.

Key Features

  • Employee lifecycle management from onboarding to offboarding
  • Leave and attendance tracking with shift scheduling
  • Self-service portal for employees

Target Users: HR administrators and employees at GCC-based companies

Payroll Processing

Payroll management with support for GCC regulatory requirements, including Wage Protection System (WPS) compliance for Saudi Arabia and multi-country payout capabilities.

Key Features

  • WPS-compliant payroll processing for Saudi Arabia
  • Multi-currency and cross-border payment support
  • Automated payroll calculations with audit trails

Target Users: Finance and HR teams at GCC businesses

Insurance & Benefits

Group health insurance, individual health insurance, and motor insurance management integrated directly into the HR platform, enabling employers to administer employee benefits without separate systems.

Key Features

  • Group health insurance procurement and management
  • Individual health and motor insurance options
  • Integrated wellness and telemedicine programs

Target Users: HR and benefits administrators at employer organizations

Talent Management

Applicant tracking, performance management, employee surveys, and recruitment workflows integrated within the broader HR platform.

Key Features

  • Applicant tracking system (ATS) for recruitment
  • Performance management and review cycles
  • Employee surveys and engagement tools

Target Users: HR managers and recruiters

Finance & Expense Management

Accounts payable automation, expense tracking, and cross-border payment processing for businesses managing multi-country operations.

Key Features

  • Accounts payable workflow automation
  • Expense tracking and approval management
  • Cross-border payment processing

Target Users: Finance teams at mid-market GCC companies

Bayzat AI

AI-powered features including a knowledge hub, virtual assistant, and automated reporting tools to support HR and management workflows.

Key Features

  • Virtual assistant for employee HR queries
  • AI-generated reporting and analytics
  • Knowledge base automation

Target Users: HR administrators and employees seeking self-service